Financial Performance - The company's operating revenue for the third quarter reached ¥2,553,461,650.96, an increase of 18.85% year-on-year, while the total revenue for the year-to-date period was ¥8,856,889,368.67, up 31.14% compared to the same period last year[3]. - The net profit attributable to shareholders of the listed company was -¥26,867,925.66 for the quarter, a decrease of 21.80% year-on-year, and the year-to-date net profit was ¥676,744,185.57, an increase of 57.87%[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥51,712,785.07 for the quarter, a significant increase of 193.56% year-on-year, while the year-to-date figure was ¥628,678,718.30, up 68.06%[3]. - Operating profit increased by ¥251,219,925.34, a change rate of 32.92%, mainly due to increased electricity generation from existing and new projects[16]. - Net profit attributable to the parent company increased by ¥248,082,574.64, a change rate of 57.87%, primarily driven by increased revenue from renewable energy projects[16]. - The total profit for the third quarter of 2021 was approximately CNY 1.08 billion, an increase of 33.8% compared to CNY 805.31 million in the same period last year[35]. - Net profit attributable to the parent company was CNY 676.74 million, up 57.9% from CNY 428.66 million year-on-year[35]. - Basic and diluted earnings per share were both CNY 0.2628, compared to CNY 0.1997 in the previous year, reflecting a 31.5% increase[36]. Assets and Liabilities - The company's total assets increased by 12.89% year-on-year, reaching ¥63,323,062,728.75, and the equity attributable to shareholders rose by 36.81% to ¥10,683,182,405.59[4]. - Current assets totaled ¥11,000,021,375.41, an increase of 21.5% from ¥9,046,620,402.67 year-on-year[28]. - Non-current assets increased to ¥52,323,041,353.34, up 11.5% from ¥47,043,708,093.47 in the previous year[28]. - Total liabilities were ¥49,039,344,266.45, an increase of 9.4% from ¥44,793,087,272.04 year-on-year[31]. - Shareholders' equity totaled ¥14,283,718,462.30, up 26.5% from ¥11,297,241,224.10 in the previous year[31]. - Long-term borrowings increased to ¥26,788,454,614.31, a rise of 18.4% from ¥22,624,578,748.14 year-on-year[31]. - The company's total liabilities increased to CNY 45,277,802,998.52, up by CNY 484,715,726.48 compared to the previous year[43]. - The company's total assets reached CNY 56,575,044,222.62, indicating a growth of CNY 484,715,726.48[43]. Cash Flow - Cash flow from operating activities for the year-to-date period was ¥2,679,791,511.96, reflecting a 58.30% increase compared to the same period last year[3]. - Cash flow from operating activities increased by ¥986,970,917.89, a change rate of 58.3%, mainly due to higher electricity generation[21]. - Cash received from tax refunds increased by ¥14,703,395.75, a change rate of 46.14%, due to increased electricity generation[17]. - Cash paid to employees increased by ¥210,997,082.76, a change rate of 65.27%, due to the expiration of social insurance and medical insurance relief policies[18]. - Cash flow from investment activities decreased by ¥146,026,299.29, a change rate of -80.42%, primarily due to the previous year's investment recovery[20]. - The company reported a significant increase in cash received from investment income, amounting to ¥25,076,989.18, a change rate of 763.53%[20]. - Cash flow from operating activities generated a net inflow of CNY 2.68 billion, a significant increase of 58.4% from CNY 1.69 billion in the same period last year[38]. - Cash inflow from sales of goods and services was CNY 7.13 billion, up 28.2% from CNY 5.56 billion year-on-year[37]. - Total cash outflow from operating activities was CNY 4.54 billion, slightly up from CNY 4.52 billion in the previous year[38]. - Investment activities resulted in a net cash outflow of approximately CNY 5.32 billion, an improvement from CNY 7.87 billion in the same period last year[38]. - Financing activities generated a net cash inflow of CNY 3.26 billion, down from CNY 5.82 billion year-on-year[38]. Management and Expenses - The company’s management expenses increased by 83.17% to ¥38,305,269.89, driven by expanded production scale and business scope[14]. - Research and development expenses for the period were ¥4,745,624.13, indicating ongoing investment in innovation[33]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 171,797[22]. Future Plans - The company plans to continue expanding its renewable energy projects to enhance profitability and market presence[19]. Other Information - The company has not undergone an audit for the third quarter report[45]. - The report indicates the first-time implementation of new leasing standards, affecting financial statement adjustments[44].

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 6,303,427,717.71, representing a 36.87% increase compared to CNY 4,605,361,287.53 in the same period last year[29]. - The net profit attributable to shareholders of the listed company was CNY 703,612,111.23, up 51.96% from CNY 463,019,881.33 year-on-year[29]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 680,391,503.37, reflecting a 71.84% increase from CNY 395,940,002.44 in the previous year[29]. - The net cash flow from operating activities was CNY 1,665,586,169.55, which is a 42.39% increase compared to CNY 1,169,714,012.17 in the same period last year[29]. - The basic earnings per share increased to CNY 0.29, a rise of 31.82% from CNY 0.22 in the previous year[29]. - The total assets at the end of the reporting period were CNY 59,805,587,134.19, marking a 6.62% increase from CNY 56,090,328,496.14 at the end of the previous year[29]. - The net assets attributable to shareholders of the listed company were CNY 10,710,050,331.25, which is a 37.15% increase from CNY 7,808,792,439.17 at the end of the previous year[29]. - The weighted average return on equity was 7.60%, an increase of 3.41% compared to 4.19% in the previous year[29]. Revenue and Costs - The company's operating revenue for the reporting period was CNY 6,303,427,717.71, an increase of 36.87% compared to CNY 4,605,361,287.53 in the previous year, primarily due to the addition of new energy projects and increased commissioned operation and maintenance revenue[49]. - The operating costs rose to CNY 4,475,545,037.73, reflecting a 38.25% increase from CNY 3,237,385,732.17, mainly driven by the costs associated with new energy projects and commissioned operation and maintenance[49]. - The revenue from the electricity sector was CNY 4,774,331,877.72, accounting for 76.00% of total operating revenue, with a year-on-year growth of 19.79%[56]. - The revenue from wind power products reached CNY 1,334,992,950.73, representing a 44.58% increase compared to the previous year[56]. - The company's gross profit margin for the electricity sector improved by 0.72% to 40.25% despite an 18.36% increase in operating costs[56]. Investments and Projects - The investment amount for the reporting period reached ¥2,925,620,834.52, a significant increase of 266.12% compared to ¥799,078,158.46 in the same period last year[66]. - The company plans to invest in the "Internet + Smart Energy" 300MW wind power project in Zhangbei County, which was approved in the first extraordinary shareholders' meeting[86]. - The company approved an investment of CNY 756.78 million for the 100MW wind energy storage project in Jilin Town, with a minimum capital contribution of 20%[162]. - The total investment for the 100MW agricultural-solar complementary photovoltaic project in Fuxin, Liaoning, is CNY 474.51 million, with a minimum capital contribution of 20%[162]. - The company plans to invest CNY 2.27 billion in the "Internet + Smart Energy" 300MW wind power demonstration project in Zhangbei County, with a minimum capital contribution of 20%[165]. Environmental and Regulatory Compliance - The company has established an environmental risk prevention mechanism to effectively manage potential environmental risks[82]. - The company has committed to complying with national environmental laws and regulations, ensuring stable operation of environmental facilities[82]. - The company reported a total pollutant discharge of 17.77 tons of smoke dust, 120.94 tons of sulfur dioxide, and 417.38 tons of nitrogen oxides from its Baicheng Power Plant, all within the emission standards[96]. - The company has implemented ultra-low emission retrofitting for thermal power units, ensuring all related enterprises meet environmental discharge standards[107]. - The company strictly adheres to national environmental protection regulations and has obtained discharge permits for all thermal power enterprises[102]. Shareholder and Corporate Governance - The company has not distributed cash dividends or bonus shares for the half-year period[91]. - The company has made commitments regarding stock management, ensuring no transfer or delegation of stock management for a period of 36 months from April 13, 2021, to April 12, 2024[113]. - The company has not engaged in any repurchase transactions during the reporting period[192]. - The company reported a total of 155,725 common shareholders at the end of the reporting period[183]. - The largest shareholder, State Power Investment Corporation Jilin Energy Investment Co., Ltd., holds 26.19% of the shares, totaling 730,872,327 shares[188]. Management and Organizational Changes - The company has experienced changes in its management team, including the appointment of a new general manager and several vice presidents[90]. - The company has established several new subsidiaries to enhance its strategic layout in the hydrogen energy and smart energy sectors[78]. - The company has engaged in non-controlling mergers to optimize its energy structure and improve profitability[78]. - The company has established multiple subsidiaries and joint ventures throughout 2021, focusing on expanding its energy solutions and technology[158]. - The actual controller of the company remained unchanged during the reporting period[194].

Financial Performance - The company's operating revenue for Q1 2021 was CNY 3,509,973,908.43, representing a 40.81% increase compared to CNY 2,492,675,340.07 in the same period last year[7] - Net profit attributable to shareholders was CNY 425,590,985.66, up 61.55% from CNY 263,439,783.62 year-on-year[7] - The basic earnings per share increased to CNY 0.20, a 66.67% rise from CNY 0.12 in the previous year[7] - Total operating revenue increased by 1,017.30 million yuan, a growth of 40.81% mainly driven by new energy project revenues[20] - Net profit increased by 163.61 million yuan, a growth of 46.10% attributed to new energy project revenues[21] - Total profit increased by 166.64 million yuan, a growth of 41.45% mainly due to new energy project revenues[21] - Unallocated profits increased by 425.59 million yuan, a growth of 670.42% due to increased revenues from new energy projects[20] - Basic earnings per share for Q1 2021 were CNY 0.20, compared to CNY 0.12 in the same period last year, an increase of 66.7%[52] Assets and Liabilities - Total assets at the end of the reporting period were CNY 57,990,899,527.27, reflecting a 3.39% increase from CNY 56,090,328,496.14 at the end of the previous year[7] - The company's total assets increased to CNY 28,517,407,348.52 from CNY 26,070,878,837.77, representing an increase of 9.4%[49] - The company's total liabilities decreased to CNY 43.98 billion from CNY 44.79 billion, a reduction of about 1.81%[44] - The total liabilities decreased slightly to CNY 19,260,556,622.66 from CNY 19,630,430,451.67, a reduction of 1.9%[49] - The company's equity increased to CNY 9,256,850,725.86 from CNY 6,440,448,386.10, reflecting a significant increase of 43.5%[49] - The company's inventory decreased to CNY 135.06 million from CNY 289.74 million, a decline of about 53.38%[40] - The company's current assets totaled CNY 10.15 billion as of March 31, 2021, compared to CNY 9.05 billion at the end of 2020, representing an increase of about 12.23%[40] Cash Flow - Cash flow from operating activities was CNY 801,205,700.04, showing a slight increase of 0.89% compared to CNY 794,169,257.18[7] - Cash inflow from operating activities increased by 1,004.06 million yuan, a growth of 59.80% mainly due to increased power generation revenue[23] - Cash outflow from operating activities increased by 997.02 million yuan, a growth of 112.67% primarily due to increased cash costs[23] - The total cash inflow from operating activities was ¥2,683,161,062.81, compared to ¥1,679,103,050.71 in the previous period, marking a growth of 59.83%[57] - Cash received from operating activities was ¥1,079,284,568.95, down from ¥2,290,520,135.68 in the previous period[60] Investment and Financing - The company reported a significant increase in non-current asset disposal gains of CNY 198,070.86, primarily due to the disposal of machinery and vehicles[8] - The company received government subsidies amounting to CNY 724,067.80, mainly from land use tax refunds and industrial support[8] - Investment income increased by 19.99 million yuan, a growth of 1,848,602.53% due to recognition of investment income from Guangxi Guodian Investment Overseas Energy Co., Ltd.[20] - The company reported investment income of CNY 19,993,033.70, a significant recovery from a loss of CNY 1,081.58 in the previous year[50] - The company raised ¥7,733,911,287.59 from financing activities, compared to ¥4,920,506,993.00 in the previous period, showing a growth of 56.00%[58] - The net cash flow from financing activities was ¥677,834,442.27, a turnaround from a negative cash flow of -¥300,870,494.48 in the previous period[58] Other Financial Metrics - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[35] - Research and development expenses for the quarter amounted to CNY 681,327.91, indicating ongoing investment in innovation[50] - The company reported a significant increase in short-term borrowings, which stood at CNY 9.30 billion, down from CNY 9.55 billion, a decrease of about 2.61%[43] - The company has implemented new leasing standards without retrospective adjustments[68] - The first quarter report was not audited[69]

Company Overview - The company is listed on the Shenzhen Stock Exchange under the stock code 000875[14]. - The registered address of the company is located at 9699 Renmin Avenue, Changchun, Jilin Province, with a postal code of 130022[14]. - The company has a legal representative named Gao Ping[14]. - The company has designated several media outlets for information disclosure, including Securities Times and China Securities Journal[16]. - The annual report is available on the designated website of the China Securities Regulatory Commission[16]. - The company has a dedicated email for investor relations inquiries: jdgf@spic.com.cn[15]. - The company’s office address is the same as its registered address[14]. - The company has a secretary of the board named Zhao Min and a securities representative named Gao Xue[15]. Financial Performance - The financial report was confirmed to be true, accurate, and complete by the company's management[3]. - The company reported no cash dividends, stock bonuses, or capital reserve transfers for the year[5]. - The company's operating revenue for 2020 was CNY 10,060,017,627.94, representing a 17.64% increase from CNY 8,454,148,014.35 in 2019[24]. - The net profit attributable to shareholders for 2020 was CNY 478,079,296.98, a significant increase of 174.83% compared to CNY 147,650,375.29 in 2019[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 323,496,990.84, showing a remarkable improvement of 1,361.81% from a loss of CNY 25,637,434.69 in 2019[24]. - The net cash flow from operating activities for 2020 was CNY 3,336,523,370.49, up 24.02% from CNY 2,630,586,972.91 in 2019[24]. - Basic earnings per share for 2020 were CNY 0.22, reflecting a 175.00% increase from CNY 0.07 in 2019[24]. - Total assets at the end of 2020 amounted to CNY 56,090,328,496.14, a 31.08% increase from CNY 42,241,407,073.40 in 2019[24]. - The return on equity for 2020 was 6.31%, up from 2.01% in 2019[24]. Revenue Breakdown - The total operating revenue for 2020 was approximately CNY 10.06 billion, with a quarterly breakdown of CNY 2.49 billion in Q1, CNY 2.11 billion in Q2, CNY 2.15 billion in Q3, and CNY 3.31 billion in Q4[28]. - The electricity segment contributed ¥7,898,232,462.05, accounting for 78.51% of total revenue, with a year-on-year growth of 9.66%[52]. - The company's sales volume of electricity was 194.33 billion kWh in 2020, up 10.06% from 176.56 billion kWh in 2019[56]. - The total sales volume of heat energy was 3,260.95 million GJ, reflecting a year-on-year increase of 13.36%[57]. - The Northeast region generated ¥7,281,151,925.06 in revenue, representing 72.38% of total revenue, with a growth of 16.43%[52]. Investments and Acquisitions - The company completed acquisitions of several renewable energy firms, including Guangxi Wozhong Investment Co., with a total investment of approximately 4.91 million and a 100% ownership stake[87]. - The acquisition of Zhangbei Herun Energy Co. was finalized for 208.16 million, representing a 51% ownership stake[87]. - The company reported a total investment of 1,131.53 million in renewable energy projects during the reporting period[90]. - The company achieved a 100% ownership in multiple solar energy projects, including Hefei Kaiji New Energy Technology Co., with an investment of 24.60 million[90]. - The company acquired several subsidiaries, including DuLan DaXueShan Wind Power Co., Ltd. and Heqing New Energy Technology Co., Ltd., to enhance its renewable energy strategy[112]. Research and Development - Research and development expenses increased significantly by 1,841.40% to ¥18,930,459.81, reflecting the company's increased investment in new energy technology[69]. - The number of R&D personnel rose by 61.33% to 242, while R&D investment as a percentage of operating income decreased to 0.27% from 0.44%[72]. - The company completed key R&D projects, including advancements in industrial internet technology and smart power plant construction[71]. Environmental and Social Responsibility - The company actively developed photovoltaic poverty alleviation projects, distributing over 18 million CNY in poverty alleviation funds to registered impoverished households, significantly increasing their income[194]. - The company’s environmental protection measures include achieving emissions standards for all thermal power plants, with total emissions of 26.73 tons of smoke, 326.94 tons of sulfur dioxide, and 776.29 tons of nitrogen oxides, all within regulatory limits[199]. - The company is committed to expanding its clean energy projects, focusing on wind and solar energy, and enhancing the ultra-low emission transformation of thermal power units[192]. - The company has successfully completed poverty alleviation efforts in two villages, with significant increases in annual income for residents[194]. - The company adheres to national labor laws, ensuring comprehensive social security and medical insurance for its employees[192]. Challenges and Strategic Responses - The company faced challenges in electricity demand, particularly in North China and Central China, where supply is tight, while Northeast and Northwest regions have surplus[125]. - The coal supply in Jilin Province is under pressure, especially during the winter heating season, leading to price volatility[125]. - The company plans to optimize coal supply structure by using long-term contracts and supplementing with imported coal to ensure sufficient supply and cost efficiency[125]. - The company is adapting to the national policy changes regarding electricity pricing, transitioning to a market-driven pricing mechanism[125]. Corporate Governance and Compliance - The company has no significant related party transactions that exceed the approved transaction limits[167]. - The company confirmed that there are no integrity issues with its controlling shareholders or actual controllers during the reporting period[165]. - The company has engaged Zhongzheng Zhonghuan Accounting Firm for auditing services with a fee of ¥2.2 million, and the firm has been providing services for 2 consecutive years[160]. - The company has no stock incentive plans or employee shareholding plans in place during the reporting period[166]. - The company has committed to reducing related party transactions to avoid competition in the industry[140].

Financial Performance - Operating revenue for the third quarter was ¥2,148,387,589.24, representing a year-on-year growth of 5.31%[10] - Net profit attributable to shareholders was a loss of ¥34,358,270.40, a decrease of 139.09% compared to the same period last year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥17,615,968.03, an increase of 73.98% in losses year-on-year[10] - Basic earnings per share were -¥0.0160, a decrease of 139.02% compared to the previous year[10] - Operating profit increased by 71.43% year-on-year, driven by profit growth in the new energy sector and cost reduction efforts[30] - Total profit increased by 32.66% year-on-year, attributed to profit growth in the new energy sector and cost reduction[30] - Net profit attributable to shareholders of the parent company increased by 36.79% year-on-year, mainly due to profit growth in the new energy sector[30] - Total operating revenue for the current period was ¥912,539,726.56, a decrease of 12.5% compared to ¥1,042,935,890.76 in the previous period[92] - Net profit for the current period was ¥24,772,370.65, compared to a net profit of ¥155,376,228.86 in the previous period, indicating a significant decline[87] - The company reported a loss attributable to the parent company of ¥34,358,270.40, contrasting with a profit of ¥87,895,796.06 in the previous period[87] - The total profit for the current period was ¥53,723,640.66, a decrease from ¥167,927,844.59 in the previous period[87] - The company reported a net profit of CNY 14,063,715.65, recovering from a loss of CNY 414,597,895.28 in the previous year[72] Assets and Liabilities - Total assets at the end of the reporting period reached ¥50,470,327,282.89, an increase of 17.95% compared to the previous year[10] - The company's current assets totaled CNY 8.18 billion, up from CNY 7.15 billion in December 2019, indicating a growth of about 14.4%[63] - The total liabilities increased to CNY 39,181,155,652.04, up from CNY 31,963,950,802.50, reflecting a growth of approximately 22.4%[72] - Non-current liabilities totaled CNY 25,241,290,560.82, compared to CNY 19,139,915,816.59, marking an increase of about 32%[72] - Current liabilities rose to CNY 13,939,865,091.22, up from CNY 12,824,034,985.91, representing an increase of approximately 8.7%[72] - The total liabilities increased to CNY 8.99 billion from CNY 8.23 billion, indicating a rise of about 9.2%[66] - Long-term borrowings increased by 31.82% compared to the beginning of the period, primarily due to the increase in new energy projects[29] - Long-term borrowings increased to CNY 21,845,544,729.57 from CNY 16,571,843,445.23, showing a growth of about 31.5%[72] - The company’s total liabilities reflect a robust financial structure, with a significant portion attributed to long-term obligations[133] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,692,820,594.07, an increase of 10.29% compared to the previous year[10] - Cash received from operating activities increased by 240.16% year-on-year, primarily due to the recovery of receivables from Tonghua Thermal Power and Baishan Thermal Power[32] - Cash flow from financing activities generated a net inflow of approximately ¥5.82 billion, compared to a net outflow of ¥15.99 million in the prior year[119] - Cash inflow from operating activities totaled approximately ¥6.22 billion, up from ¥4.98 billion year-over-year, reflecting a growth of about 25%[116] - Cash outflow from operating activities was approximately ¥4.52 billion, compared to ¥3.45 billion in the previous period, indicating an increase of about 31%[116] - The net cash flow from financing activities was 1,678,892,080.38, compared to a negative cash flow of -714,627,693.61 in the previous period, indicating a significant improvement[126] Shareholder Information - The total number of shareholders at the end of the reporting period was 168,641, with the largest shareholder holding 19.61% of the shares[17] - The equity attributable to shareholders of the parent company increased to CNY 7,791,307,132.30 from CNY 7,567,897,033.81, reflecting a growth of approximately 2.9%[72] - The company has committed to reducing related party transactions and avoiding competition in the same industry over the next 5 to 8 years[44] Investment and Expenses - The company received government subsidies totaling ¥17,152,040.00 during the reporting period[14] - The company recorded investment income of ¥32,433,539.97, down from ¥47,203,719.09 in the previous period[92] - Financial expenses for the current period amounted to ¥173,996,578.80, an increase from ¥151,819,271.56 in the previous period[92] - The company experienced a significant increase in tax expenses, with current period taxes at ¥28,951,270.01 compared to ¥12,551,615.73 in the previous period[87] - Tax expenses rose to ¥139,798,443.21 from ¥77,449,128.00, reflecting an increase of 80.5%[102] Other Financial Metrics - The weighted average return on net assets was -0.45%, down from 1.16% in the same period last year[10] - The company has not undergone an audit for the third quarter report, which may affect stakeholder confidence[145] - The company adjusted its financial statements in accordance with new revenue and leasing standards, impacting the beginning balance of the asset-liability statement[127]

证券代码：000875 证券简称：吉电股份 公告编号：2020-067 吉林电力股份有限公司 关于参加投资者网上集体接待日活动的公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，吉林电力股份有限公司（以 下简称"公司"）将参加由吉林证监局、吉林省证券业协会、深圳市全 景网络有限公司共同举办的"提高公司质量 做受尊敬的上市公司 --2020 年吉林辖区上市公司投资者网上集体接待日"活动，现将有关 事项公告如下： 本次集体接待日活动将通过深圳市全景网络有限公司提供的互 联网平台举行，投资者可以登陆 " 全 景 • 路演天下 " 网 站 （http://rs.p5w.net）参与公司本次投资者集体接待日活动，时间为 2020 年 8 月 21 日（周五）15:30 至 17:00。 届时公司董事长才延福、总经理高平、董事会秘书赵民将通过网 络在线问答互动的形式，与投资者就公司治理、发展经营情况、融资 情况和可持续发展等投资者关注的问题进行交流。期间，公司高管将 全程在线，实时回答投资者的提问。 欢迎广大投资者积极参与。 特此公告。 吉 ...

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 4,605,361,287.53, representing an increase of 11.87% compared to the same period last year[24]. - The net profit attributable to shareholders was CNY 463,019,881.33, a significant increase of 105.35% year-on-year[24]. - The net profit after deducting non-recurring gains and losses was CNY 395,940,002.44, up 64.20% from the previous year[24]. - The net cash flow from operating activities reached CNY 1,169,714,012.17, reflecting a growth of 39.51% compared to the same period last year[24]. - Basic and diluted earnings per share both stood at CNY 0.22, doubling from CNY 0.1 in the same period last year[24]. - Operating revenue reached CNY 4.605 billion, an increase of CNY 489 million or 11.87% compared to the previous year, while net profit rose to CNY 641 million, an increase of CNY 267 million or 71.80%[47]. - Cash flow from operating activities increased by 39.51% to CNY 1.170 billion, primarily due to increased profits during the reporting period[47]. Assets and Investments - The total assets of the company at the end of the reporting period were CNY 48,030,096,425.27, an increase of 12.24% from the end of the previous year[24]. - The net assets attributable to shareholders amounted to CNY 7,802,151,883.48, which is a 3.10% increase compared to the previous year[24]. - Fixed assets increased by 8.81% to CNY 3,259,630,000 due to the impact of construction projects and acquisitions during the reporting period[39]. - The company’s long-term equity investments rose significantly by 805.11% to CNY 196,880,000, reflecting the impact of equity method accounting for new investments[36]. - The company made investments totaling 799,078,158.46 yuan during the reporting period, a decrease of 9.93% compared to the previous year[64]. - The company acquired equity stakes in several subsidiaries, including 100% in Yushe Huaguang Power Co., Ltd. for 83,500,000 yuan and 51% in Zhangbei Herun Energy Co., Ltd. for 20,000,000 yuan[66]. Renewable Energy and Environmental Initiatives - The company’s renewable energy capacity now accounts for 56% of total installed capacity, marking a steady growth in the renewable energy sector[40]. - The company achieved a total electricity generation of 10.212 billion kWh in the first half of 2020, an increase of 18.84% year-on-year, with renewable energy generation contributing 3.658 billion kWh, up 13.67%[45]. - The company expanded its renewable energy projects, contributing positively to performance, with an additional 820,700 kW of renewable energy projects added during the period[45]. - The company is actively expanding its clean energy market presence and developing new energy technologies, including hydrogen and energy storage[40]. - The company has implemented ultra-low emission modifications across its thermal power plants, ensuring all facilities meet environmental discharge standards as of June 30, 2020[160]. - The company has established a comprehensive environmental impact assessment process for its construction projects, ensuring compliance with relevant laws and regulations[160]. Risks and Challenges - The company has acknowledged potential risks and has outlined measures to address them in the report[7]. - The company anticipates challenges due to market risks, including slow economic growth affecting power generation hours, and plans to enhance market analysis and expand direct supply to large users[82]. - Fuel supply risks are acknowledged, particularly during winter, with strategies to optimize coal sourcing and increase imports to ensure supply stability[82]. - The company is adapting to the market-driven pricing mechanism for coal power, aiming to reduce costs and improve competitiveness[84]. Shareholder and Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[8]. - The company held its annual shareholder meeting with a participation rate of 27.49% on April 17, 2020, and a temporary meeting with 32.90% participation on June 23, 2020[88]. - The actual controller and shareholders have fulfilled their commitments during the reporting period, including a commitment made by Jilin Energy Investment to not transfer shares for 36 months from the listing date of newly issued shares[89]. - The company emphasizes the importance of fair pricing in related party transactions to protect the interests of non-related shareholders[103]. - The company has not reported any cash dividend distribution or share capital increase from capital reserves for the current reporting period[89]. Legal and Compliance - The company has a total of 24,472.24 thousand yuan involved in litigation cases as of June 30, 2020, with 5 cases concluded in the current year[111]. - There are currently 9 ongoing litigation cases, including 4 new cases and 5 from previous years[114]. - The company has maintained compliance with court judgments and has no significant debts due that remain unpaid[117]. - The company has not reported any significant penalties or rectification situations during the period[116]. Social Responsibility and Community Engagement - The company actively develops photovoltaic poverty alleviation projects, distributing investment returns to impoverished households as per agreements, with payments scheduled for the end of 2020[165]. - The company has successfully helped two villages, Naniha and Dongxing, achieve poverty alleviation goals through local industry support and technical training, completing their poverty alleviation targets[165]. - The company has not reported any other significant environmental information or social responsibility initiatives beyond its poverty alleviation efforts[163].

Financial Performance - The company's operating revenue for Q1 2020 was ¥2,492,675,340.07, representing a 7.51% increase compared to ¥2,294,132,117.42 in the same period last year[10]. - Net profit attributable to shareholders was ¥263,439,783.62, a significant increase of 58.39% from ¥160,692,111.45 year-on-year[10]. - The net profit after deducting non-recurring gains and losses was ¥230,633,366.77, up 34.73% from ¥165,555,585.95 in the previous year[10]. - The basic earnings per share increased to ¥0.12, reflecting a growth of 71.43% compared to ¥0.07 in the same period last year[10]. - Operating income from non-operating activities increased by 82.22% year-on-year, amounting to 27.79 million yuan, mainly due to gains from the acquisition of a new energy company[24]. - The company reported a net profit of CNY 78,829,009.10, compared to a net loss of CNY 1,780,232.27 in the previous period, marking a significant turnaround[89]. - The company's total comprehensive income for the period was CNY 354,880,136.46, compared to CNY 239,486,582.49 in the previous period, representing an increase of approximately 48%[85]. Assets and Liabilities - The total assets at the end of the reporting period were ¥45,301,717,953.50, marking a 5.87% increase from ¥42,241,407,073.40 at the end of the previous year[10]. - Total liabilities reached CNY 34.15 billion as of March 31, 2020, compared to CNY 31.96 billion at the end of 2019, marking an increase of approximately 6.8%[63]. - The company's total assets amounted to 42,790,793,588.96 RMB, remaining stable compared to the previous period[106]. - Total liabilities amount to CNY 31,963,950,802.50, with current liabilities at CNY 12,824,034,985.91 and non-current liabilities at CNY 19,139,915,816.59[110]. - The company's total equity stands at CNY 10,826,842,786.46, with attributable equity to shareholders at CNY 7,567,897,033.81[110]. Cash Flow - The net cash flow from operating activities was ¥794,169,257.18, down 18.51% from ¥963,065,528.49 in the same period last year[10]. - Cash received from tax refunds decreased by 51% year-on-year, mainly due to a reduction in VAT refunds for new energy enterprises[24]. - Cash received from other operating activities decreased by 52% year-on-year, mainly due to a decrease in returned deposits and insurance claims[24]. - Cash inflow from financing activities totaled 4,412,989,393.84 RMB, up from 2,079,456,000.00 RMB in the previous period, representing an increase of 112.7%[103]. - The total cash and cash equivalents at the end of the period was 69,751,008.92 RMB, compared to 11,245,311.90 RMB at the end of the previous period, indicating a significant increase[103]. Shareholder Information - The total number of shareholders at the end of the reporting period was 176,049, with the largest shareholder holding 19.61% of the shares[10]. - The total equity attributable to shareholders decreased to CNY 6,127,029,893.44 in the first quarter of 2020[116]. Government Subsidies and Non-Recurring Gains - The company received government subsidies amounting to ¥7,307,048.16 during the reporting period, primarily from VAT refunds and local green electricity subsidies[10]. - The company reported a non-recurring gain of ¥26,192,379.48 from the acquisition of a new energy company during the reporting period[10]. Changes in Working Capital - Accounts receivable increased by 34% compared to the beginning of the period, mainly due to an increase in bill receipts from electricity revenue[24]. - Prepayments increased by 126% compared to the beginning of the period, primarily due to an increase in prepaid fuel costs[24]. - Long-term deferred expenses increased by 47% compared to the beginning of the period, mainly due to an increase in deferred land lease expenses[24]. - Accounts payable increased by 55% compared to the beginning of the period, primarily due to increased payable engineering costs for new energy projects[24].

Financial Performance - The company reported a total revenue of 5.2 billion RMB for the year 2019, representing a year-on-year increase of 8%[21] - The net profit attributable to shareholders was 1.1 billion RMB, an increase of 10% compared to the previous year[21] - The company's operating revenue for 2019 was ¥8,454,148,014.35, representing a 15.79% increase from ¥7,301,107,308.38 in 2018[26] - The net profit attributable to shareholders for 2019 was ¥147,650,375.29, a 28.83% increase compared to ¥114,608,485.79 in 2018[26] - The net cash flow from operating activities for 2019 was ¥2,630,586,972.91, an 11.22% increase from ¥2,365,200,461.73 in 2018[26] - Basic earnings per share for 2019 were ¥0.07, a 40.00% increase from ¥0.05 in 2018[26] - The total operating revenue for 2019 reached ¥8,454,148,014.35, representing a year-on-year increase of 15.79%[60] - The company's net profit attributable to shareholders was 148 million yuan, reflecting a year-on-year increase of 0.33 million yuan[54] Market Expansion and Strategy - The company plans to expand its market presence by increasing its installed capacity by 15% over the next three years[21] - User data indicates a growth in customer base, with an increase of 12% in residential users and 8% in industrial users[21] - The company is exploring strategic partnerships for potential mergers and acquisitions to enhance its service offerings[21] - The company plans to focus on the development of new energy and heating as its strategic priorities, aiming to expand both domestic and overseas markets[141] - The company aims to establish a nationwide clean energy development platform and a comprehensive smart energy supply platform, enhancing its sustainable development capabilities[141] Research and Development - The company has allocated 300 million RMB for research and development of new energy technologies in 2020[21] - Research and development expenses were reported at ¥975,094.32, marking a 100% increase as it was not reported in the previous year[80] - Significant progress was made in R&D projects, including the optimization of wind turbine performance based on big data technology[83] - R&D investment increased by 95.40% to ¥37,643,200 in 2019 from ¥19,264,800 in 2018[84] - The number of R&D personnel rose by 17.19% to 150 in 2019, accounting for 5.31% of total employees[84] Operational Efficiency - The company achieved a reduction in the minimum output of its BaiCheng power plant unit to 30% of rated load, enhancing operational efficiency[83] - The company continues to face pressure from fuel costs, particularly in the coal market, which is experiencing tight supply and slight price increases[43] - The company is actively involved in the development of renewable energy projects, including wind and solar, which are approaching parity with traditional coal power[43] Financial Position and Assets - The total assets of the company reached 20 billion RMB, with a debt-to-equity ratio of 60%[21] - Total assets at the end of 2019 were ¥42,241,407,073.40, a 6.26% increase from ¥39,753,012,006.25 at the end of 2018[26] - The net assets attributable to shareholders at the end of 2019 were ¥7,412,083,759.61, a slight increase of 0.38% from ¥7,383,868,290.98 at the end of 2018[26] Risks and Challenges - The company identified potential risks including regulatory changes and market competition, which could impact future performance[21] - The company faces market risks due to slow growth in national power generation hours and potential fuel supply issues, particularly during winter heating periods[141] - The company is adapting to the electricity market reform by shifting its operational strategies to enhance competitiveness and reduce costs[141] Dividend Policy - No cash dividends or stock bonuses will be distributed to shareholders for the year 2019[21] - The company has not distributed dividends in recent years due to previous losses, with the last reported net profit being a loss of 33.953 million yuan in 2017[151] - The company did not propose any cash dividend distribution plan for the reporting period, despite having a positive profit available for distribution to ordinary shareholders[154] - The cash dividend amount for 2019 was 0.00, which accounted for 0.00% of the net profit attributable to ordinary shareholders in the consolidated financial statements, which was 147,650,375.29 yuan[155] Compliance and Governance - The company is currently involved in 22 litigation cases, with a total amount in dispute of ¥17,091.986 million[191] - The company incurred a fine of ¥403,000 for illegal land occupation by its subsidiary, reflecting regulatory compliance issues[194] - The company has commitments to reduce and standardize related party transactions, with a promise to inject power assets held by Jilin Energy Investment into Jilin Electric Power within 5 to 8 years[160]

Financial Performance - Operating revenue for the period reached CNY 2,023,206,192.17, a 37.60% increase year-on-year[10] - Net profit attributable to shareholders surged by 156.42% to CNY 86,429,802.80[10] - Basic earnings per share rose by 156.44% to CNY 0.0403[10] - Total profit increased by 399% year-on-year, mainly due to the continued adjustment of the industrial structure and significant profit growth in the new energy sector[24] - Other income increased by 117% year-on-year, primarily due to an increase in VAT refunds for the new energy sector[24] - The net profit for the current period was CNY 153,910,235.60, a significant recovery from a net loss of CNY 120,402,870.62 in the previous period[84] - The total profit for the current period was CNY 167,074,161.65, compared to a total loss of CNY -114,332,116.20 in the previous period[84] - The company's total comprehensive income for the current period was CNY 153,910,235.60, compared to a total comprehensive loss of CNY -120,402,870.62 in the previous period[84] - Net profit for the current period reached ¥512,278,788.40, compared to ¥94,974,288.81 in the previous period, representing a substantial increase of 439.5%[96] Assets and Liabilities - Total assets increased by 1.22% to CNY 40,239,952,050.11 compared to the end of the previous year[10] - The total liabilities of the company were CNY 29,539,001,372.76, slightly up from CNY 29,408,814,773.45, reflecting a marginal increase of about 0.44%[63] - The company's long-term borrowings rose significantly from CNY 11,799,718,401.72 to CNY 14,384,581,916.59, representing an increase of about 21.9%[63] - Total liabilities decreased to ¥15,473,377,264.00 from ¥16,604,767,377.51, a reduction of about 6.8%[76] - The company's equity attributable to shareholders increased to ¥6,294,163,074.54 from ¥6,600,470,188.97, indicating a decrease of 4.6%[76] - The total amount of receivables, including accounts receivable and financing receivables, was CNY 603,687,717.16[160] Cash Flow - The company reported a net cash flow from operating activities of CNY 1,508,108,557.14, an increase of 30.40% year-on-year[10] - Cash inflow from operating activities was 4,732,241,333.67, an increase from 4,373,373,420.92 in the previous period, reflecting a growth of approximately 8.2%[133] - Cash outflow for investing activities was 2,070,595,223.30, down from 3,651,858,349.47, showing a reduction of approximately 43.3%[139] - Net cash flow from financing activities was 26,089,105.87, significantly lower than 1,636,640,638.39 in the previous period[139] - The ending cash and cash equivalents balance was 467,613,143.75, down from 1,148,886,576.32, reflecting a decrease of about 59.2%[139] Shareholder Information - The total number of shareholders at the end of the reporting period was 183,878, with the largest shareholder holding 19.61% of the shares[14] - The company’s undistributed profits increased by 75% compared to the beginning of the period, mainly due to the implementation of new financial instrument standards and increased operating profits[24] Operational Efficiency - The company reported a decrease in sales expenses, although specific figures were not provided, indicating a potential focus on efficiency[87] - The company's management expenses decreased to CNY 12,873,029.77 from CNY 15,596,138.50 in the previous period, indicating a cost control effort[87] Investment and Equity - Long-term equity investments increased by 273% compared to the beginning of the period, mainly due to an increase in equity stake in a joint venture[24] - The company increased its equity stake in the Siping joint venture, resulting in a gain of CNY 118,940,152.49[10] - The investment income for the current period was CNY 47,203,719.09, up from CNY 6,777,437.18 in the previous period[87] Miscellaneous - The company reported no securities investments, entrusted financial management, or derivative investments during the reporting period[46][48][47] - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[51][52]